Chandigarh: Eminent Electricity Distribution Limited (EEDL), a 100% subsidiary of CESC Limited (RP-Sanjiv Goenka Group company), is embarking on a new chapter to deliver reliable, efficient and innovative power solutions to the residents of Chandigarh.
As part of the major structural reforms in the power sector, the privatization of power distribution utilities has been envisaged under the ‘Aatm Nirbhar Bharat Abhiyan’ launched by the Government of India. This initiative aims to enhance consumer services, improve operational efficiency and provide a financially efficient distribution model.
Commenting on the development, Mr. P R Kumar, President, Power Distribution, RPSG Group said, “We deeply value the trust bestowed upon us by the Central Government and the Chandigarh UT Administration. We also reiterate to the employees of the Chandigarh Electricity Department that their welfare, including service conditions and retirement benefits, will be safeguarded entirely in line with the agreement. The RPSG Group, with a dedicated workforce of over 50,000 employees, remains committed to serving the people of Chandigarh with the highest level of dedication and care.”
Mr. P R Kumar, President, Power Distribution, RPSG Group further added, “Rumours claiming that EEDL lacks expertise in power distribution are entirely unfounded. As a 100% subsidiary of CESC Limited, EEDL benefits from decades of operational excellence and a proven track record in delivering reliable, efficient, and customer-focused power solutions across the nation. Power business arm of RP-Sanjiv Goenka Group, CESC Limited, is an integrated power utility that has been generating and distributing power in Kolkata and Howrah since 1897. With a revenue of INR 15,500 crore and a market capitalization of INR 26,500 crore, CESC serves over 4.4 million consumers in various geographies including Kolkata & Howrah in West Bengal, Greater Noida in UP, and has
distribution franchisees in Kota, Bharatpur & Bikaner in Rajasthan. In Chandigarh, we have a consumer base of 2.4 lakh. We manage a peak demand of 4,000 MW across our service areas, and the peak demand in Chandigarh(Summer) is around 420 MW. With an annual supply capacity of 17,500 million units, CESC is fully equipped to manage 2,000 million units in Chandigarh, ensuring a steady and reliable power supply.”
Highlighting the company’s vision for Chandigarh, the spokesperson for Eminent Electricity Distribution Limited stated, “We are honoured to serve the people of Chandigarh by undertaking the functions of electricity distribution and retail supply in the Union Territory. EEDL is committed to working closely with the Chandigarh Administration and government representatives to develop a world-class electrical infrastructure that aligns with Chandigarh's green aesthetics and heritage. Through advanced technologies and exceptional customer service, EEDL aims to transform Chandigarh into a model ‘Future City,’ setting benchmarks for sustainable urban energy solutions in India.”
It is noteworthy that RP-Sanjiv Goenka Group that comprises 23+ companies managing 34+ brands, is one of India’s new-age and fastest-growing conglomerates, with a 200-year legacy and a presence across diversified business sectors, including power, chemicals, consumer & retail, IT-enabled services, FMCG, media & entertainment, sports, education, and plantations. The Group currently employs over 50,000 people, has an asset base of INR 65,000 crore, and generates an annual revenue of INR 41,150 crore.